stagenfx

XAUUSD Long IDEA

Long
stagenfx Updated   
SAXO:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD Should buy towards 1765 region. It has been printing higher highs and higher lows on H1, and H4 time frames. On D1, the Gold spot has printed a double bottom, which confirms my bullish bias. I expect this bias to be backed up by economic data for it to be realized within the course of this week
Comment:
the gold spot has also printed a wedge on H1,thus once the wedge is completely broken to the upper side,my buy bias will be confirmed

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